Is Thermopolis, WY 82443 a buyer’s or seller’s market?
Thermopolis is a seller’s market. With about 3.4 months of supply and 19% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 29% of U.S. ZIP codes, and #15 of 28 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Thermopolis housing market right now
In the three months ending August 31, 2026, 19% of homes in Thermopolis, WY 82443 sold above their list price, the typical home went under contract in 51 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 16 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 8%, homes sold more slowly (46 days then) and the median sale price rose 47% to $263,886. Overall, Thermopolis is more competitive than a year ago, so tougher for buyers.
On our competition score, Thermopolis ranks #15 of 28 WY ZIP codes with enough sales (score 32 out of 100).
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Questions about Thermopolis real estate
Is Thermopolis a buyer’s or seller’s market?
A seller’s market: there were 3.4 months of supply in Thermopolis, WY 82443 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Thermopolis?
The typical home went under contract in 51 days in the latest three months.
Do homes in Thermopolis sell over asking?
19% of homes sold above their original list price, and the typical sale closed at 93.9% of the list price.
What are property taxes in Thermopolis?
About 0.54% of a home’s value a year in Hot Springs County, or roughly $2,160 on a $400,000 home.
What is the median home price in Thermopolis?
The median sale price was $263,886 in the three months ending August 31, 2026, about $141 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology